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HOME > PAST ISSUE > PERSPECTIVE [Premium content]September 2006
Japan's economic resurgence and consumer rebound is good news for Asia. But what does Tokyo's renewed appetite for foreign acquisitions mean for China?
Zirp. Pardon me. That was the sound of the Bank of Japan tearing up its zero interest rate policy. At the same time the government pressed the delete key on the word deflation.
In what was partly a symbolic move, interest rates were raised to 0.25% last month, a signal that 15 years of stagnation for the world's second biggest economy is drawing to a close.
The stain of deflation that oozed through the archipelago, bringing not just falling prices for goods and ...
In what was partly a symbolic move, interest rates were raised to 0.25% last month, a signal that 15 years of stagnation for the world's second biggest economy is drawing to a close.
The stain of deflation that oozed through the archipelago, bringing not just falling prices for goods and ...
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